Updated: 01/10/2026
Masteri Grand View legal status & timeline
The legal information below comes from the developer’s sales documents (08–09/2026). The status of each unit and the foreign ownership quota change over time — Happy Land checks each unit before you pay a deposit.
Legal information
| Item | Details |
|---|---|
| Legal name | Apartment buildings combined with commercial services CT8 (Spark) and CT9 (Glow), Saigon Binh An New Urban Area Project, Binh Trung Ward, Ho Chi Minh City |
| Seller under the CSBH | Saigon Development and Investment JSC |
| Developer | Masterise Homes |
| Tenure | Freehold for Vietnamese citizens; 50 years for foreign nationals |
| 1BR–4BR apartments | SPA signed directly with the developer |
| Penthouse Duplexes, shops | Transfer of an existing SPA (under the latest policy) |
| Bank guarantee | The CSBH lets buyers accept or decline the bank guarantee |
| Pink book | The documents do not mention issuance yet; the final instalment is paid when the certificate is issued |
Milestones
- Phase 1: the Spark (CT8) and Glow (CT9) towers — the first high-rise project in The Global City.
- 01/08–30/09/2026: sales policy for apartments, Penthouse Duplexes and shops — expired.
- Handover: the leaflet gives an expected milestone of 2026; the exact date follows the developer’s handover notice. The 08–09/2026 sales documents contain no handover notice yet; Happy Land confirms actual progress at the time of your enquiry.
- The documents do not give a construction start date.
Foreigners buying at Masteri Grand View
- Ownership term of 50 years according to the project leaflet.
- Under the latest policy (expired): foreigners resident in Vietnam pay early like Vietnamese buyers (10% → 15% → 70%); other foreigners follow 10% → 15% → 45% → 25%.
- The Techcombank loan and the 5% deposit (and 9% interest) do not apply.
- The remaining ownership quota must be checked unit by unit before paying a deposit.
Check the legal status per unit
Happy Land checks the transaction type, payment status and foreign quota for the unit you choose — on WhatsApp.
Frequently asked questions
What is the legal name of Masteri Grand View?
Apartment buildings combined with commercial services CT8 (Spark) and CT9 (Glow), Saigon Binh An New Urban Area Project, Binh Trung Ward, Ho Chi Minh City.
Is ownership freehold or leasehold?
Freehold for Vietnamese citizens; 50 years for foreign nationals.
When is handover?
The developer’s leaflet gives an expected handover milestone of 2026; the exact date follows the handover notice. The 08–09/2026 sales documents contain no handover notice yet; Happy Land confirms actual progress at the time of your enquiry.